Sabaf: first half 2020 results approved
(WorldNews Turkey)

Press release Ospitaletto (BS), 6 August 2020 SABAF: FIRST HALF 2020 RESULTS APPROVED In the first half of 2020, revenue was €78.2 million (+4.5% compared to the first half of 2019); EBITDA was €13.3 million (17% of sales, +3%); EBIT was €4.8 million (6.2% of sales, -23%); net profit was €2.4 million In the second quarter, revenue was €34.3 million (-7.7% compared to the second quarter of 2019); EBITDA was €5.6 million (16.3% of sales, -10.9%); EBIT was €1.5 million (4.2% of sales, -49.8%); net profit was €0.9 million The third quarter is expected to recover strongly The Board of Directors proposed the distribution of an extraordinary dividend of €0.35 per share...